Industrial partners

Canon Inc

About Canon Inc

Canon Inc. (NYSE: CAJ), headquartered in Tokyo, Japan, is a leader in the fields of professional and consumer imaging equipment and information systems. Canon’s extensive range of products includes copying machines, inkjet and laser printers, cameras, video equipment, medical equipment and semiconductor-manufacturing equipment. Originally established in 1937 as Precision Optical Industry, Co., Ltd., a camera manufacturer, Canon has successfully diversified and globalized to become a worldwide industry leader in professional and consumer imaging systems and solutions. With over 198,000 employees worldwide, Canon has manufacturing and marketing subsidiaries in Japan, the Americas, Europe, Asia and Oceania; and a global R&D network with companies based in the United States, Europe, Asia and Australia. Canon’s consolidated net sales for fiscal 2011 (ended December 31, 2011) totalled US$45.6 billion (at an exchange rate of ¥78 = US$1).

KLSC

About KLSC

The Kuwait Life Sciences Company (KLSC) is a Kuwaiti-based company which invests in companies that provide innovative services in the field of Health, with a strong emphasis on technology. Kuwait Life Sciences Company specifically focuses on Cardiovascular, Diabetes, Obesity & Cancer companies working on innovative treatments, diagnosis means/ technologies and health services. KLSC also helps international companies’ establishment in the Middle East in order to speed their commercial development up. KLSC is the life sciences operational arm of National Technology Enterprises Company (NTEC), a venture capital corporate which invests in high potential companies that are fully developed or at the forefront of developing new technologies of benefit to Kuwait and the Middle East region as a whole.

About MEDIAN / KLSC's partnership

MEDIAN Technologies has signed a strategic partnership with KLSC (Kuwait Life Science Company), a branch of National Technology Enterprises Company (NTEC), the Kuwaiti investment company. KLSC invests in technological-innovative companies in the Health sector. This agreement related to KLSC’s input into MEDIAN Technologies’ capital funds as it enters the stock market in May 2011, is intended to establish MEDIAN Technologies in the Middle East and North Africa. This partnership with a local actor have a significant impact on MEDIAN Technologies in this area.